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BRIEF: Health insurance rates across Colorado to rise modestly in 2019, ending years of double-digit increases

Gazette (Colorado Springs, CO)

Oct. 05--Colorado's health insurance market appears to be stabilizing after years of steep, double-digit rate increases and threats of insurers leaving the state.

Health insurance rates for Coloradans buying their plans on the state's individual market will rise an average of 5.6 percent in 2019, the Colorado Division of Insurance announced Thursday. Also, the same seven insurers will remain in Colorado next year.

It marks a distinct change from the volatility of recent years, when health insurance rates skyrocketed and Republican lawmakers on Capitol Hill sought to repeal the Affordable Care Act, also known as Obamacare.